NEW YORK ( TheStreet) -- Brown Shoe Company (NYSE: BWS) is trading at unusually high volume Thursday with 1.8 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up 24 cents (+2.2%) at $11.07 as of four p.m. ET. Brown Shoe has a market cap of $507.1 million and is part of the services sector and specialty retail industry. Shares are down 22.3% year to date as of the close of trading on Wednesday. Brown Shoe Company, Inc. operates as a footwear retailer and wholesaler. The company provides a range of licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children. The company has a P/E ratio of 11.9, below the average specialty retail industry P/E ratio of 13 and below the S&P 500 P/E ratio of 15.9. TheStreet Ratings rates Brown Shoe as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Brown Shoe Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.